Jesse's casually stalking his old boss at a spy convention, hoping to a) find out more about that bank robbery lead that Kendra gave them last week and b) maybe get his job back. Obviously b) isn't going to happen, and while trying to help Jesse accomplish a), Michael spots a Russian black ops team and gets real curious about what they're in town for. Turns out they're here to kill a former spy played by Burt Reynolds. The team takes Burt under their wing, trying to get him some protection despite the fact that a no-good Congressman had him "lightly toasted." After a little bit of blackmail and a whole lot of running from Russian bad guys, the congressman relents and Paul will be getting a new life under government protection.
As for Jesse's old boss, he comes through with some information on the bank heist. And he also comes through with some proof that Jesse didn't do what he was burned for. Although it's not enough to get Jesse's job back, it's probably more than enough to cause some pretty ugly conversations between Michael and Jesse. Which is why it's probably good that Fi decides not to pass on the information that could lead Jesse to the person who really burned him, that person being (you recall) Michael. But there's a pretty ugly conversation between Michael and Fi, which is almost as bad.
Michael VOs that spies have it all over psychiatrists when it comes to analyzing people's behavior, probably because they have to trust their friends with their lives. Which must be why Michael and Fi quiz Jesse about why he's dragged them into the middle of one of the beach-porn montages that the characters don't normally participate in. Jesse admits that he's doing one of those things Michael used to do, namely haunting the annual spy convention in Miami. And this beach just happens to be right across from the hotel hosting the convention. Jesse's hoping to run into his old boss Marv, which is why he's staring at Marv's unattractive wife on the beach. His hope is that Marv might not only help him get his old job back, but maybe look into that failed bank robbery Kendra told them about at the end of last week, because the team hasn't been able to find anything out about it on their own. Michael likes the latter idea, and as he watches Mrs. Marv's charmless interaction with another beachgoer, he adds, "If that was my wife, I know where I'd be." Because while Fi may also hit people, at least she's easier on the eyes.
Cut to the hotel bar, where H!ITG Richard Kind as "Marv -- Jesse's Old Boss" is having some drinks. Michael plops down next to him, and knowing Marv won't want to be seen with him (let alone with Jesse, who's lurking visibly on the far side of the room), Michael asks Marv to look into that failed bank robbery for them Marv says he can't have anything to do with them, and gets up and leaves. The team reconvenes at the bar to discuss how they'll change Marv's mind, but Michael is soon distracted by the sight of some guys with a lot of camera bags. And why bring cameras to a place where people don't want to have their picture taken, unless the bags are actually full of smuggled-in weapons? Michaels figure that means they're looking at a Russian wet works team. Good thing the hotel is full of spies who will certainly sniff them out and our heroes can go home, right? No? No, of course these three freelancers are going to take it upon themselves to approach them and try to figure out what they're up to. You know, like anyone would.
Fi and Jesse engineer it so that the smallest of the assassins is alone on an elevator with Jesse. Jesse hits the button for the fourth floor, and when the door opens, there's Fi pointing a gun in the Russian's face and asking what his mission is. He's not in a sharing mood, so Jesse knocks him out and they end up dragging him out the front of the hotel in a big steamer trunk. Which they just had lying around, I guess. "Even a day at the beach isn't a day at the beach with you people," Jesse carps at Michael and Fi, who look at each other like, How is this our fault? They're not wrong.